You haven’t owned a car in years. You think, why would you need car insurance? But let’s say you get behind the wheel of someone else’s car this weekend and are involved in an accident: Who will cover your medical costs? Your property damage? Luckily, there’s a type of policy that provides protection even if you aren’t driving your own car: non-owner car insurance. So if you don’t own a vehicle but need regular auto coverage, non-owner car insurance could be just what you’re looking for.
If you don’t own a car, but need insurance anyway, non-owner car insurance is the option for you. This type of policy covers you in case of an accident, whether or not you’re driving someone else’s car. It’s a great way to stay protected on the road, and it’s affordable too. Keep reading to learn more about non-owner car insurance and why it might be right for you.
Non-Owner Car Insurance: What Is It?
A car insurance is a type of insurance that pays the owner or driver of a car in the event that the car is damaged, stolen, or destroyed. Car insurance policies can be purchased from private insurers or from state-run insurance programs.
Most car insurance policies cover damage to the vehicle itself, as well as injuries to the driver and passengers. Some policies also cover damage caused by uninsured drivers. In some cases, car insurance can also provide protection against lawsuits brought by people injured in car accidents.
Non-owner car insurance is a type of policy that provides liability coverage for people who do not own a car. It can be used by someone who occasionally borrows a friend or family member’s car, or by someone who uses rental cars frequently.
Non-owner car insurance policies typically have high rates because the risk of accidents is higher for people who don’t own cars. However, it’s important to have this type of coverage if you ever need to borrow a car, because your personal auto insurance policy will not provide liability protection in that situation.
Non-owner car insurance can provide protection in situations where you don’t have access to a vehicle or when you’re driving someone else’s car. It can also cover you in the event that your car is damaged or stolen.
Non-owner car insurance is typically less expensive than owner’s car insurance, and it can be a good option for people who don’t drive their own cars very often. It’s also a good choice for young drivers who are still learning to drive, as it can help them build up their driving history.
Non-Owner Car Insurance Costs
Non-owner car insurance is typically cheaper than a standard liability policy. According to our market research, costs range from $200 to $600 per year. This price may vary depending on the state in which you reside, your age, and your driving record.
If you are interested in purchasing a non-owner car insurance policy, be sure to compare rates from several insurers before selecting one. Doing so can help ensure that you get the best deal without breaking your bank.
Does Non-Owner Car Insurance Cover Rental Cars?
Non-owner car insurance will protect you in the event of an accident, but rental cars are excluded from certain coverages. To be covered specifically for rental cars, you’ll need to spring for “Additional Perils Coverage.” If you are driving a rental car and it’s damaged or stolen, call your insurance company right away to see if you’re covered.